Shares & Derivatives
Yongnam–What if you held it since 2002?
By Investment Moats  •  April 5, 2012
Yongnam–What if you held it since 2002? logo My friend liked my spreadsheets a lot and was wondering how one of his favorite stocks would do for the past years. So I did up my spreadsheet to see what would your returns be if you have held since 2002. Yongnam–What if you held it since 2002? 20120405%20yongnam Yongnam–What if you held it since 2002? 20120404%20yongnam%20chart Yongnam have always been a stalwart in Singapore’s construction scene but the construction industry too a really bad dive in the 2001 and 2002 period. I still remember how construction completely dried up due to HDB taking a different stance as in the past they would just build and build and build flats, they decide to shift to a BTO concept. In its deepest draw down, the price fluctuate at $0.02 to $0.03 cents. It would have been a great pickup on the hindsight. Back then, I frequent forums in Fundsupermart a lot and there is one forumer who kept selling what a great play Yongnam was ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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